Discover a unique investment opportunity with The Lovejoy Mansion, a Stick Eastlake Victorian built between 1885-1887 and later converted into an 8-unit multi-family property in the mid-20th century. This building combines classic architectural character with updated systems, offering both historic charm and practical functionality in the heart of Napa Valley. Modern Systems: Comprehensive 1985 renovation included all-new plumbing, ABS drain lines, full rewiring for electric, phone, and cable, and new gas service all separately metered for each unit. Independent Utilities: Each unit boasts its own gas-fired wall furnace and gas water heater, ensuring individual tenant control and efficient management. Fully Leased: Solid tenant base, including some long-term residents, offering immediate cash flow. Outdoor Space: Shared rear patio area perfect for tenant relaxation. Prime Location: Just a short stroll to vibrant Downtown Napa fine dining, tasting rooms, shops, and entertainment all within reach. Whether you're seeking a stable income-producing asset or looking to add a landmark property to your portfolio, The Lovejoy Mansion represents a rare opportunity to own a slice of Napa's heritage in an unbeatable location.
MLS #
BA325046282
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
3
Appliances
Other
Cooling
None
Heating
Wall Furnace
Garage/Parking
No Parking, Other, Garage: 0 Car(s)
Water
Public
HOA Fee
$0
Listing Agent
Michael Holcomb
W Real Estate
License #: 01458995
Phone: (707) 226-2661
Co-Listing Agent
William Lance
License #: 01931900
Phone: (707) 367-4066
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 0 | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 0 | 1 | 1/0 | $1,500 | – | – |
2 | 0 | 2 | 1/0 | $1,695 | – | – |
1516 3rd St is a Residential Income in Napa, CA 94559. This 0 square foot property sits on a 7,588 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,975,000 and was built in 1885.
This address can also be written as 1516 3rd St, Napa, CA 94559.©2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of May 22, 2025. For the most current information, please contact Michael Holcomb, (707) 226-2661